HotStats: Q1 2022 Hotel Performance Ends Strong
According to HotStats, Q1 2022 hotel performance ended strong with March profit surging across most global regions, a sign of stronger revenues, better conversion rates, and new worries over a COVID upsurge not discouraging would-be travelers. HotStats shared data about how the global hotel industry is performing. Europe European GOPPAR hit €35.97, the highest the number has reached since it peaked in October 2021, though still around €12 lower than March 2019. After GOPPAR dropped […]
The post HotStats: Q1 2022 Hotel Performance Ends Strong appeared first on LODGING Magazine.